Photo Of The Day: The Makoko Experience

Welcome to our photo of the day column, where you see and interact with a special photo that has been carefully selected to show the creativity of the human mind

AIT free to cover Buhari’s activities – APC

General Muhammadu Buhari The All Progressives Congress (APC) has said that all accredited media organizations in the country, including the African Independent Television (AIT), are free to cover the activities of the President-elect, Gen. Muhammadu Buhari.

Subsidy scam: forensic audit of NNPC reveals $1.28bn missing

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Among other things, the report revealed financial improprieties amounting to $1.28 billion in payment for petrol and kerosene subsidy between January 2012 and July 2013, comprising $980 million in subsidy over claim by the NNPC, $63.78 million duplicated subsidy payment by NNPC, $36.

NNPC: Read full audit report on company’s accounts

The audit was conducted by PriceWaterHouseCooper after former Central Bank Governor, Sanusi Lamido Sanusi alleged that the NNPC failed to remit $20 billion in oil funds into the Federation Account.